Great Britain formally acquired Malta in 1814. The island staunchly supported the UK through both world wars and remained in the Commonwealth when it became independent in 1964; a decade later it declared itself a republic. Since about the mid-1980s, the island has transformed itself into a freight transshipment point, a financial center, and a tourist destination while its key industries moved toward more service-oriented activities. Malta became an EU member in May 2004 and began using the euro as currency in 2008.
Malta is a parliamentary republic.
Source: CIA World Factbook
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Displaying 31 - 35 of 47Immovable Property (Designation of Special Areas) Regulations, 2006 (L.N. 227 of 2006).
These Regulations define the criteria and guidelines for the designation of Special Designated Areas, which are exempted from the prohibition of acquisition of immovable property in Malta by non residents. The Minister of Finance shall issue an order designating an area as a Special Designated Area upon application by non residents who intend to acquire immovable property.
Implements: Immovable Property (Acquisition by Non-Residents) Act. (2005)
Amended by: Immovable Property (Designation of Special Areas) (Amendment) Regulations, 2007 (L.N. 320 of 2007). (2007)
Land Acquisition (Public Purposes) (Amendment) Act No. I, 2006.
Particular amendments are hereby laid down to the Land Acquisition (Public Purposes) Ordinance, mainly concerning the valuation of land not being a building site, the definition of building site and their compensation in expropriation procedures.
Amends: Land Acquisition (Public Purposes) Ordinance. (2002-00-00)
Integrated Pollution Prevention and Control (Amendment) Regulations, 2004 (L.N. 230 of 2004).
These Regulations, which have been adopted in implementation of European Union Directive 2003/35/EC, aim at achieving a phased schedule for the application of Legal Notice No. 234 of 2002 as regards the integrated prevention and control of pollution arising from the activities listed in Schedule 1 thereof (such as timber processing and slaughter of animals). All operators of existing installations (power plants, shipyards, waste installations, farms) shall apply to the competent authority for a permit.
Special Development Areas Act.
Where the Government has earmarked an area within Malta for public acquisition with a view to its development for a public purpose, the Minister responsible for public works may declare such an area to be a Special Development Area. Article 4 establishes the effects of such declaration.
Agricultural Leases (Reletting) Act.
This Act establishes rules governing the reletting of agricultural land. Where a lessor desires to make any change in the conditions of a lease on the expiration of its term, unless an agreement is reached with the tenant, he shall apply to the Rural Leases Control Board (which is established under article 5) and indicate the proposed changes. The Board may reject, approve or modify the new conditions proposed by the lessor. Article 4 regards the non-renewal of lease.